Constraints Continue To Discourage Production Of Electric Cars

Constraints Continue To Discourage Production Of Electric Cars

Constraints Continue To Discourage Production Of Electric Cars

There are indications that lead many experts to believe that the number of sales of electric cars will greatly increase as we grow closer to 2020. There are still, however, a number of constraints or obstacles that have to be overcome. Some of the obstacles that have to be overcome relate to EV performance, recharging, and other feasibility issues.

Recent studies indicate that auto maker execs feel that government incentives and oil rates will be the driving factor behind the long term reluctance to make a large shift toward electric cars. Studies also suggest that consumers feel they will be hesitant to switch to electric cars because of the high costs associated with having to charge them.

Studies performed by IBM reveal that the potential for growth in the electric vehicle market is huge, even bigger than ever before. It was discovered that almost 20 percent of the total participants in a recent survey indicated that they would be willing to purchase an electric vehicle, which is a very positive number considering the public overall lack of knowledge about electric vehicles. 30 percent of survey participants also indicated that they would switch to an electric vehicle even if it got less than 100 miles per charge.

According to studies, one of the major obstacles that is faced when considering whether or not to switch to an electric vehicle is the cost of charging it at home. A small portion of the surveyed participants indicated that they would be willing to spend more than $1000 in order to make their home EV charger equipped.

One of the major tasks associated with the EV car industry not only includes having enough charging stations for car owners, but also having them in the right locations which isn’t always going to be possible.


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